The Indian Market tumbled in the final trading hours of the session and gives all its gains to close in a negative territory. Tracking the mixed cues from the Asian markets, the domestic market opened with a gap down but sudden gathered the momentum as he buying intensified across the selective indices. However, industrial production data and weekly inflation, which is due tomorrow, led to heavy selling towards the end. From the sectoral front, Oil & Gas attracts investors confidence as most buying was seen from these baskets while bankex index faced heavy selling pressures.
The BSE Sensex closed lower by 95.41 points at 15,695.10 and NSE Nifty fell by 14.05 points to close at 4,733. The Sensex touched an intraday high of 15,953.54 and low of 15,655.20. The BSE Mid Caps and Small Caps also closed up by 7.45 points and 89.95 points at 6,478.96 and 8,031.06 respectively.
The market breadth was strong as 1715 stocks closed in green as against 948 stocks that closed in red.
The Oil and Gas index closed higher by 155.71 points at 10,726.74. Major gainers are Cairn India (5.74%), RPL (3.17%), Essar Oil (2.11%), Reliance industries (2.05%), Aban Offshore (1.63%) and RNRL (1.33%).
The Metal index grew by 75.99 points to close at 13,854.95. Gainers are Bhushan Steel (9.01%), Sesa Goa (3.13%), SAIL (2.23%), Welspun Gujarat (1.41%), Tata Steel (1.03%), Jindal Saw (0.64%) and Hind Zinc (0.56%).
The Capital Goods index closed up by 36.66 points at 12,899.13. Scrips that grew are Areva (5.48%), Thermax (3.36%), Punj Lloyd (2.49%), Kirloskar BR (2.25%), BEML (1.61%), L&T (1.55%) and Siemens (1.43%).
The Bankex index declined by 240.66 points to close at 7,951.60. Major losers are ICICI bank (4.25%), HDFC bank (3.67%), Kotak bank (3.43%), Federal bank (3.22%), Yes bank (2.77%), SBI (1.87%) and Union bank (1.12%).
The IT index fell by 28.46 points to close at 3,676.63 as Niit techno (2.60%), Niit ltd (2.60%), Mosear Baer (2.28%), Patni Comp (1.78%), Aptech (1.30%), Wipro (1.23%), Satyam (0.95%), Rolta (0.64%) closed in red.
The BSE Realty index dropped by 76.36 points to close at 7,216.40. Losers are Penland (4.66%), HDIL (3.38%), Indbul Real (1.93%), DLF (1.63%), Sobha Developers (0.58%) and Parsvnath (0.10%).
The BSE Sensex closed lower by 95.41 points at 15,695.10 and NSE Nifty fell by 14.05 points to close at 4,733. The Sensex touched an intraday high of 15,953.54 and low of 15,655.20. The BSE Mid Caps and Small Caps also closed up by 7.45 points and 89.95 points at 6,478.96 and 8,031.06 respectively.
The market breadth was strong as 1715 stocks closed in green as against 948 stocks that closed in red.
The Oil and Gas index closed higher by 155.71 points at 10,726.74. Major gainers are Cairn India (5.74%), RPL (3.17%), Essar Oil (2.11%), Reliance industries (2.05%), Aban Offshore (1.63%) and RNRL (1.33%).
The Metal index grew by 75.99 points to close at 13,854.95. Gainers are Bhushan Steel (9.01%), Sesa Goa (3.13%), SAIL (2.23%), Welspun Gujarat (1.41%), Tata Steel (1.03%), Jindal Saw (0.64%) and Hind Zinc (0.56%).
The Capital Goods index closed up by 36.66 points at 12,899.13. Scrips that grew are Areva (5.48%), Thermax (3.36%), Punj Lloyd (2.49%), Kirloskar BR (2.25%), BEML (1.61%), L&T (1.55%) and Siemens (1.43%).
The Bankex index declined by 240.66 points to close at 7,951.60. Major losers are ICICI bank (4.25%), HDFC bank (3.67%), Kotak bank (3.43%), Federal bank (3.22%), Yes bank (2.77%), SBI (1.87%) and Union bank (1.12%).
The IT index fell by 28.46 points to close at 3,676.63 as Niit techno (2.60%), Niit ltd (2.60%), Mosear Baer (2.28%), Patni Comp (1.78%), Aptech (1.30%), Wipro (1.23%), Satyam (0.95%), Rolta (0.64%) closed in red.
The BSE Realty index dropped by 76.36 points to close at 7,216.40. Losers are Penland (4.66%), HDIL (3.38%), Indbul Real (1.93%), DLF (1.63%), Sobha Developers (0.58%) and Parsvnath (0.10%).
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